The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

  Dubai / Gulf Time Spacee, which provides the best computer vision and AI solutions to help businesses drive new insights, improve efficiency and boost revenue, launched HoverTouch, the first plug-and-play solution transforming existing in-store surfaces, such as walls, glass or even cars, into interactive customer experiences that also enable clients to collect crucial data. Skip Howard, founder and CEO ...

  DUBAI / WAM The Emirates Health Services (EHS) Youth Council launched a comprehensive strategy to empower young people, hone their talents, and provide them with the necessary capabilities and skills to be active in the healthcare sector by having a voice and an influential presence. The strategy aims to provide a unique job experience for youth at EHS within ...

  Sharjah / WAM Khazna Data Centres and Beeah Digital have announced forming a joint venture that will bring to Sharjah its first Tier 3 data centre. In response, the joint venture is advancing the digital infrastructure in Sharjah, starting with an industry-standard Tier 3 data centre. The data centre will be equipped with high-tech security, fire and environmental control ...

President Joe Biden is right that American democracy is under threat. Unfortunately, he seems not to know why, or what to do about it. The president’s prime-time speech was a typical Biden performance — rambling repetition, theatrical intensity, all soul-baring emphasis and next to no content. At least it was brief. And, to be fair, Biden did modify his recent ...

China’s economy is faltering and so is its currency. The yuan’s drop to a two-year low has led to hand-wringing that emerging markets have lost an anchor. The slide is regarded with foreboding in Asia and trepidation as far away as Africa and Latin America, where China has sought to extend its commercial footprint. Bears are everywhere. That it has ...

  The market is down, inflation is up and your retirement prospects aren’t looking so good. It’s tempting to pine for the old days, when employers provided defined pensions to workers, giving them more certainty in their golden years. Except…. it wasn’t quite like that, actually. Defined benefit pensions are overrated. Even in this scary market, you should be grateful ...

  For the second time in a week, Nasa scrubbed the launch of the Space Launch System designed to return Americans to the moon. First conceived in 2010, and initially scheduled to have its first test flight in 2017, the rocket is now scheduled to take off no earlier than late September, and possibly much later. Nasa, for its part, ...

Bloomberg Deutsche Lufthansa AG averted a disruptive pilot strike after raising its pay offer, a move that will avoid cancellations while complicating the airline’s efforts to boost profit and pay down debt. The VC pilots union spokesman said the union decided to call off a planned two-day walkout after Lufthansa improved its offer. The union didn’t immediately comment on terms ...

Bloomberg Taiwan will resume visa-free entry for travellers from countries it currently shares diplomatic ties with but will maintain a three-day quarantine requirement as the island takes halting steps towards easing its Covid-restrictions. Arrivals from more than 60 countries — including the US, UK and Australia — are eligible for visa-free entry starting September 12, though the duration of their ...

Bloomberg British budget grocery chain Iceland Foods saw its debt bounce off recent lows after UK Prime Minister Liz Truss finalised plans for a £40 billion ($46 billion) support package to lower energy bills for British businesses. Iceland’s £550 million of bonds maturing in March 2025 rose by as much as 1.8 pence on the pound to a cash price ...